Davoud Gidanian Purchases Single Family Home From Uri Laor For $4.475 Million In Los Angeles
10538 Wellworth Avenue
$4,475,000
$1,169/SF
Building Size
3,828 SF
Asset Type
Single Family Residence
Closing
Aug 9, 2024
AI
The single-family asset located at 10538 Wellworth Avenue in the Los Angeles market has been sold for $4,475,000. The property encompasses a total of 3,828 square feet, leading to a price per square foot of $1,169.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,475,000
- Address: 10538 Wellworth Avenue
- Market: Los Angeles
- Square Footage: 3,828
- Price per Square Foot: $1,169
- Buyer: Davoud Gidanian
- Seller: Uri Laor
- Brokers: Steven Marin & Or Brodsky - Compass
The transaction involved Davoud Gidanian as the buyer and Uri Laor as the seller. The brokers facilitating the deal were Steven Marin and Or Brodsky from Compass, representing their respective clients throughout the transaction process.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.54%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93